This Blog is created to stress the importance of Peace as an environmental directive. “I never give them hell. I just tell the truth and they think it’s hell.” – Harry Truman (I receive no compensation from any entry on this blog.)
Wednesday, November 14, 2007
Investment Firm Names Gore as a Partner
It's called, making a moral commitment. He wants to move the agenda forward and is using influence to do so. It's more than admirable. I don't want to hear how he is well paid or otherwise. So was the ruthless Halliburton and Richard Cheney, the difference however is that Al is saving lives while Cheney and Halliburton destroy them !!
End of Discussion !!
...Paul Kedrosky, a venture capitalist and author of the blog Infectious Greed, said that Mr. Gore’s new role could benefit start-up companies by providing guidance through the political process.
For instance, Mr. Kedrosky said, Mr. Gore would now have a financial incentive to push for subsidies, like the tax incentives or rebates that have buoyed the solar industry, or to provide start-ups with important connections in government and big business.
“Anyone who thinks this is happening because Al has fantastic clean-tech entrepreneurial chops is fooling themselves,” Mr. Kedrosky said. Alternative energy “is a policy issue, a political issue, and that requires connections to get things done.”
Mr. Gore “is a political rainmaker,” Mr. Kedrosky said. The association between Kleiner and Mr. Gore “just means that clean tech is an inherently political exercise.”...
...As part of the affiliation announced on Monday, Kleiner Perkins said it would collaborate with Generation Investment Management to find and finance clean-tech start-ups globally. Generation, which is based in Britain and was co-founded by Mr. Gore, focuses on investing in larger operations and later-stage companies focused on clean tech....
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